At the End of My Day as a Dog Groomer…
…it’s time to do my administrative work. I’m running a legitimate, licensed business. As such, it’s critical that I always keep accurate books. I go to my office and enter new clients into my bookkeeping software. I’ll also create invoices for the clients of the day and record how they paid for their service (i.e. credit card, e-transfer, cash, check, etc.).
Next, I prepare any cash for deposit via an ATM machine. I make a bulk deposit once a week. All other forms of payment can be completed electronically. Moreover, once a month, I reconcile my checking account with the statement from the bank.
Near the end of my day, I’ll also make supply purchases online and record those purchases in my books as well. I pay my quarterly taxes for both State and Federal income taxes, and I try to stay on top of supply inventory needs for my studio.